Post-closing claims against PE firms have shot up since the global financial crisis, causing cash to be held back from exits and IRRs to suffer. What does it mean for Asia?
Few thought that Oak Investment Partners and Gobi Partners' sale of Digital Media Group (DMG) in October 2009 was a particularly successful exit. Even fewer people suspected, however, that a dispute over...
MBK Partners has submitted a JPY31.5 billion ($286 million) buyout offer for Japanese jewelry retailer Tasaki & Co – a Tokyo-listed company it previously backed in 2008 and exited seven years later.
Jafco, YJ Capital, and Gumi Ventures have taken part in a JPY3.7 billion ($33 million) funding round for Japanese online food media start-up Dely.
Singapore-based private equity firm Gateway Partners has agreed to invest S$70 million ($50.2 million) in distressed local hospital operator Healthway Medical.
Boyu Capital has bought a 25% stake in Vanke Property Development, a wholly-owned property services unit of China Vanke, the second-largest real estate developer in the country, for RMB166 million ($24 million).